United Arab Emirates - Urea Resins And Thiourea Resins In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Urea and Thiourea Resins in the United Arab Emirates - 2021
Contents:
- Price for Urea and Thiourea Resins in the United Arab Emirates (CIF) - 2022
- Price for Urea and Thiourea Resins in the United Arab Emirates (FOB) - 2022
- Imports of Urea and Thiourea Resins in the United Arab Emirates
- Exports of Urea and Thiourea Resins in the United Arab Emirates
Price for Urea and Thiourea Resins in the United Arab Emirates (CIF) - 2022
The average urea and thiourea resins import price stood at $674 per ton in 2022, rising by 7.3% against the previous year. Overall, the import price, however, showed a deep reduction. The growth pace was the most rapid in 2021 an increase of 23%. The import price peaked at $2,190 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($4,150 per ton), while the price for Oman ($400 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Urea and Thiourea Resins in the United Arab Emirates (FOB) - 2022
In 2022, the average urea and thiourea resins export price amounted to $2,947 per ton, picking up by 391% against the previous year. In general, the export price continues to indicate a remarkable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($5,440 per ton), while the average price for exports to Tajikistan ($908 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+59.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Urea and Thiourea Resins in the United Arab Emirates
In 2022, overseas purchases of urea resins and thiourea resins in primary forms decreased by -12% to 13K tons, falling for the second year in a row after two years of growth. Overall, imports recorded a abrupt decrease. The growth pace was the most rapid in 2020 with an increase of 0.6% against the previous year. As a result, imports attained the peak of 19K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, urea and thiourea resins imports reduced to $9M in 2022. Over the period under review, imports continue to indicate a drastic downturn. The smallest decline of -2.5% was in 2021.
Import of Urea and Thiourea Resins in the United Arab Emirates (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Oman | 1.1 | 2.5 | 2.5 | 3.5 | 47.1% |
Saudi Arabia | 4.6 | 3.2 | 1.7 | 1.3 | -34.4% |
India | 0.4 | 0.3 | 0.4 | 1.2 | 44.2% |
Germany | 0.9 | 0.8 | 0.9 | 1.1 | 6.9% |
Italy | 0.8 | 0.6 | 0.3 | 0.5 | -14.5% |
Egypt | 0.2 | 0.4 | 0.7 | 0.4 | 26.0% |
China | 0.1 | 0.2 | 1.4 | 0.4 | 58.7% |
Others | 2.4 | 1.6 | 1.6 | 0.6 | -37.0% |
Total | 10.5 | 9.7 | 9.5 | 9.0 | -5.0% |
Top Suppliers of Urea and Thiourea Resins to the United Arab Emirates in 2022:
- Oman (8.8K tons)
- Saudi Arabia (2.6K tons)
- Egypt (0.5K tons)
- India (0.4K tons)
- China (0.4K tons)
- Germany (0.3K tons)
- Italy (0.2K tons)
Exports of Urea and Thiourea Resins in the United Arab Emirates
In 2022, shipments abroad of urea resins and thiourea resins in primary forms decreased by -88.2% to 295 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports recorded a dramatic decline. The pace of growth appeared the most rapid in 2021 when exports increased by 122% against the previous year. As a result, the exports reached the peak of 2.5K tons, and then fell remarkably in the following year.
In value terms, urea and thiourea resins exports fell rapidly to $870K in 2022. Overall, exports, however, continue to indicate a slight increase. The most prominent rate of growth was recorded in 2021 when exports increased by 65%. As a result, the exports reached the peak of $1.5M, and then fell markedly in the following year.
Export of Urea and Thiourea Resins in the United Arab Emirates (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 229 | 240 | N/A | 319 | 11.7% |
Germany | N/A | 5.7 | N/A | 97.7 | 314.0% |
Oman | 25.6 | 25.4 | 81.7 | 90.0 | 52.1% |
Pakistan | 0.5 | 16.2 | 0.7 | 86.0 | 456.1% |
Bahrain | N/A | 7.0 | N/A | 32.7 | 116.1% |
Algeria | N/A | N/A | N/A | 10.8 | 0% |
Tajikistan | N/A | N/A | N/A | 9.0 | 0% |
India | 157 | 165 | 284 | 2.3 | -75.5% |
Nigeria | N/A | N/A | 377 | N/A | 0% |
Sri Lanka | 193 | 344 | 679 | N/A | 87.6% |
Cambodia | N/A | 91.1 | N/A | N/A | 0% |
Others | 238 | 9.6 | 73.2 | 222 | -2.3% |
Total | 844 | 905 | 1,496 | 870 | 1.0% |
Top Export Markets for Urea and Thiourea Resins from the United Arab Emirates in 2022:
- Pakistan (90.7 tons)
- Oman (68.5 tons)
- Saudi Arabia (58.7 tons)
- Germany (20.5 tons)
- Bahrain (10.4 tons)
- Algeria (10.1 tons)
- Tajikistan (9.9 tons)
- India (3.8 tons)
This report provides an in-depth analysis of the market for urea and thiourea resins in the United Arab Emirates. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20165550 - Urea resins and thiourea resins, in primary forms
Country coverage:
- United Arab Emirates
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the United Arab Emirates
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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